NasdaqGS:CMPR

Stock Analysis Report

Executive Summary

Cimpress plc provides various mass customization services in North America, Europe, Australia/New Zealand, South America, and the Asia Pacific regions.


Snowflake Analysis

Solid track record and good value.


Similar Companies

Share Price & News

How has Cimpress's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CMPR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.2%

CMPR

-1.6%

US Commercial Services

-1.1%

US Market


1 Year Return

50.3%

CMPR

19.2%

US Commercial Services

17.8%

US Market

Return vs Industry: CMPR exceeded the US Commercial Services industry which returned 19.2% over the past year.

Return vs Market: CMPR exceeded the US Market which returned 17.8% over the past year.


Shareholder returns

CMPRIndustryMarket
7 Day5.2%-1.6%-1.1%
30 Day17.6%2.0%1.5%
90 Day-6.3%5.8%6.6%
1 Year50.3%50.3%23.3%19.2%20.2%17.8%
3 Year51.7%51.7%60.7%50.1%47.5%38.1%
5 Year44.8%44.8%98.5%77.4%71.2%52.4%

Price Volatility Vs. Market

How volatile is Cimpress's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cimpress undervalued compared to its fair value and its price relative to the market?

46.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CMPR ($123.52) is trading below our estimate of fair value ($231.91)

Significantly Below Fair Value: CMPR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CMPR is good value based on its PE Ratio (14.5x) compared to the Commercial Services industry average (27.1x).

PE vs Market: CMPR is good value based on its PE Ratio (14.5x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: CMPR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CMPR has negative assets, so we can't compare its PB Ratio to the US Commercial Services industry average.


Next Steps

Future Growth

How is Cimpress forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-5.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMPR's earnings are forecast to decline over the next 3 years (-5.7% per year).

Earnings vs Market: CMPR's earnings are forecast to decline over the next 3 years (-5.7% per year).

High Growth Earnings: CMPR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CMPR's revenue (4.2% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: CMPR's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CMPR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Cimpress performed over the past 5 years?

11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CMPR has high quality earnings.

Growing Profit Margin: CMPR's current net profit margins (9%) are higher than last year (1.7%).


Past Earnings Growth Analysis

Earnings Trend: CMPR's earnings have grown by 11.3% per year over the past 5 years.

Accelerating Growth: CMPR's earnings growth over the past year (460%) exceeds its 5-year average (11.3% per year).

Earnings vs Industry: CMPR earnings growth over the past year (460%) exceeded the Commercial Services industry -7.9%.


Return on Equity

High ROE: CMPR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cimpress's financial position?


Financial Position Analysis

Short Term Liabilities: CMPR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CMPR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CMPR has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CMPR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: CMPR's debt is well covered by operating cash flow (28.5%).

Interest Coverage: CMPR's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet

Inventory Level: CMPR has a high level of physical assets or inventory.

Debt Coverage by Assets: CMPR has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

What is Cimpress's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CMPR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CMPR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CMPR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CMPR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CMPR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Robert Keane (56yo)

25.1yrs

Tenure

US$12,280,920

Compensation

Mr. Robert S. Keane serves as Director at Astronics Corporation since December 9, 2019. He founded Cimpress N.V. in January 1995. Mr. Keane has been Chief Executive Officer and Director of Cimpress N.V. si ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD12.28M) is above average for companies of similar size in the US market ($USD4.86M).

Compensation vs Earnings: Robert's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Keane
Founder25.1yrsUS$12.28m6.93% $224.2m
Sean Quinn
Executive VP & CFO4.3yrsUS$3.97m0.015% $493.3k
Maarten Wensveen
Executive VP & CTO3.1yrsUS$1.09m0.010% $324.3k
Meredith Burns
Vice President of Investor Relations0yrsno datano data
Matthew Walsh
Vice President and General Counsel0yrsno datano data
Jonathan Chevalier
VP & Treasurer0yrsno datano data
Jenna Marvel
Investor Relations Manager0yrsno datano data

4.3yrs

Average Tenure

40yo

Average Age

Experienced Management: CMPR's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Keane
Founder25.1yrsUS$12.28m6.93% $224.2m
John Gavin
Independent Non Executive Director1.3yrsUS$306.74k0.12% $4.0m
Scott Vassalluzzo
Independent Non-Executive Director1.3yrsUS$287.99k0.27% $8.8m
Sophie Gasperment
Independent Non-Executive Director3.3yrsUS$292.99kno data
Zachary Sternberg
Independent Non Executive Director2.3yrsUS$275.49k0.059% $1.9m

1.3yrs

Average Tenure

55yo

Average Age

Experienced Board: CMPR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cimpress plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cimpress plc
  • Ticker: CMPR
  • Exchange: NasdaqGS
  • Founded: 2009
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: US$3.237b
  • Shares outstanding: 26.21m
  • Website: https://www.cimpress.com

Number of Employees


Location

  • Cimpress plc
  • Building D
  • Xerox Technology Park A91 H9N9
  • Dundalk
  • Co. Louth
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CMPRNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDSep 2005
7VPDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2005

Biography

Cimpress plc provides various mass customization services in North America, Europe, Australia/New Zealand, South America, and the Asia Pacific regions. The company operates through five segments: Vistaprint, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It provides printed and digital marketing products; Internet-based canvas-print wall décor, business signage, and other printed products; Web-to print products, including multi-page brochures, folders, flyers, business cards, signs, leaflets, booklets, posters, letterheads, and banners, as well as customized beverage cans; and printed materials, such as signage, print, advertising materials, corporate-wear, and promotional gifts. The company also offers finishing options on business cards, flyers, brochures, banners, posters, roll-ups, and rigid signage; custom writing instruments, as well as other promotional products comprising travel mugs, water bottles, tech gadgets, and trade show items; and mass customization solutions that supports various channels consisting of retail stores, Websites, and e-commerce platforms. In addition, it operates e-commerce platform, which offers apparel, accessories, and home decor products. Further, the company provides Website design and hosting, and email marketing services, as well as order referral and other third-party offerings. It serves graphic designers, resellers, and printers, as well as home and family consumers, and businesses. The company was incorporated in 2009 and is based in Dundalk, Ireland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 02:50
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.